RICHMOND, Va. (AP) — Reynolds American CEO Daniel Delen received a pay package valued at $8.65 million in 2012, about 2 percent more than the previous year.
That's according to an Associated Press analysis of data filed by the nation's second-biggest tobacco company with regulators Friday.
Delen received a base salary of $1 million and a $1.2 million performance-based bonus. Delen also received stock awards valued at about $6.2 million and other compensation worth $203,312.
The 47-year-old, who has served as CEO since March 2011, received $8.5 million in 2011.
Last year, Reynolds American Inc. saw its profit fall 10 percent to $1.27 billion and its revenue excluding excise taxes decline 3 percent to $8.3 billion.
The AP's calculation counts salary, bonuses, perks and stock and options awarded to the executive during the year.
While Hillary Clinton Strongly Supports Death Tax on Middle Class, She Evades It Herself | Katie Pavlich